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Fed’s Bostic says he is hopeful momentum will carry economy through new COVID variant

Fed's Bostic says he is hopeful momentum will carry economy through new COVID variant

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Each successive variant of COVID-19 has had a weaker effect on the economy, and if the new Omicron variant discovered in South Africa follows that pattern, it should cause less of a slowdown than what was seen after the Delta variant, Atlanta Federal Reserve Bank President Raphael Bostic said on Friday.

...read full article on Reuters

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